Bancor Prevents Pump and DumpsRecently a pump and dump group took aim at BNT, the network token that allows Bancor to provide continuous and instant conversion between Smart Tokens™ in the Bancor Network. The pump failed to reach its target price and the reaction of BNT to the attempt demonstrates how Bancor uses smart contracts to create a price anchor that protects tokens against artificial price inflation.
Happy 60th!More than a dozen new tokens are now live and instantly convertible on the Bancor Network, bringing the total number of active tokens to 60! Newly active tokens include:
AION (AION)
Ong.Social (ONG)
Aelf (ELF)
Gifto (GTO)
Power Ledger (POWR)
TokenCard (TKN)
R_Block (CVT)
Viberate (VIB)
Arbidex (ABX)
X8 Currency (X8X)
Ignite RATINGS (IGNX)
BABB (BAX)
Kyber Network (KNC)
EtherSportz (ESZ)
Signal Token (SIG)
XinFin (XDCE)
Coinme (UP)
Suggest a Token for the Network:Some of the most innovative projects in the token economy have gone live on the Bancor Network, spanning industries from music to clean energy. We would love to hear from you, our community. Use this
form to suggest tokens that you‘d like to see on Bancor.
Most Converted Tokens on the Bancor NetworkThe following were the most converted tokens on the Bancor Network, along with each token’s monthly conversion volume.
BNT: $10,334,620
EOS: $4,583,851
STORM: $3,588,026
KIN: $2,555,115
SRN: $949,381
Product UpdateBancor is gearing up for two major product releases that are just around the corner: The Bancor Wallet and Fiat Integration. Both these launches are massive steps forward for Bancor, and the industry at large. Users no longer need to send their tokens to exchanges if they wish to acquire other forms of crypto-assets. Instead, they can convert their tokens directly and seamlessly without leaving the Bancor Wallet. In addition, Bancor will soon enable fiat-to-crypto buying, with frictionless in-wallet conversion, using most major credit cards. Stay tuned for more!
In the meantime, we’ve released a number of product updates designed to make the Bancor Network more secure and easier to use.
New Sort FunctionalityYou can now sort tokens on Bancor’s discover page by name, liquidity depth, 24-hour volume and more.
Bancor’s New Convert APIBancor’s new Convert API lets you build transactions and send them directly to the blockchain for programmable access to the Network.
Limiting Gas PriceAs the Bancor Network grows in value, and attracts more sophisticated manipulation attempts, we remain committed to protecting the network. One such manipulation is perpetrated through front running, where attackers step in front of transactions to gain a price advantage by setting a gas price that is higher than that of the targeted transactions. We have implemented a restriction that forces all transactions to use a maximum gas price which prevents transactions from cutting in line and front-running a trade.
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Topic: Bancor Network (Read 14244 times)